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  • Notification No.11/2019 - Customs (N.T.)

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    Abid Lakhani
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    The Central Board of Indirect Taxes and Customs of India's Ministry of Finance issued Notification No. 11/2019, which amends Notification No. 09/2019. The amendment updates the exchange rate of the South African Rand for imported and exported goods in Schedule I. For imported goods, the South African Rand is valued at 5.20 Indian rupees, and for exported goods, 4.90 Indian rupees.

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    The Central Board of Indirect Taxes and Customs of India's Ministry of Finance issued Notification No. 11/2019, which amends Notification No. 09/2019. The amendment updates the exchange rate of the South African Rand for imported and exported goods in Schedule I. For imported goods, the South African Rand is valued at 5.20 Indian rupees, and for exported goods, 4.90 Indian rupees.

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    © All Rights Reserved
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    16 views2 pages

    Notification No.11/2019 - Customs (N.T.)

    Uploaded by

    Abid Lakhani
    The Central Board of Indirect Taxes and Customs of India's Ministry of Finance issued Notification No. 11/2019, which amends Notification No. 09/2019. The amendment updates the exchange rate of the South African Rand for imported and exported goods in Schedule I. For imported goods, the South African Rand is valued at 5.20 Indian rupees, and for exported goods, 4.90 Indian rupees.

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    © All Rights Reserved
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    GOVERNMENT OF INDIA

    MINISTRY OF FINANCE
    (DEPARTMENT OF REVENUE)
    (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
    *****
    Notification No.11/2019 - Customs (N.T.)

    Dated the 15th February, 2019


    26 Magha, 1940 (SAKA)

    In exercise of the powers conferred by section 14 of the Customs Act, 1962


    (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes
    the following amendments in the Notification of the Central Board of Indirect
    Taxes and Customs No.09/2019-CUSTOMS (N.T.), dated 7th February, 2019
    with effect from 16th February, 2019, namely: -

    In the SCHEDULE-I of the said Notification, for serial No.15 and the entries
    relating thereto, the following shall be substituted, namely: -

    SCHEDULE-I

    Sl.No. Foreign Currency Rate of exchange of one unit of


    foreign currency equivalent to
    Indian rupees
    (1) (2) (3)
    (a) (b)
    (For Imported (For Exported
    Goods) Goods)
    15. South African Rand 5.20 4.90

    [F.No.468/01/2019-Cus.V]

    (Gunjan Kumar Verma)


    Under Secretary to the Govt. of India
    TELE: 011-2309 5541

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